INTEREST SWALLOWS TURKEY'S BUDGET
Turkey spent 5.5 times more on interest payments than on public investment in the first half of the year, as debt servicing became the single largest item in a budget that ran a deficit of nearly 1 trillion liras.
Analysis
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Turkey spent 5.5 times more on interest payments than on public investment in the first half of the year, as debt servicing became the single largest item in a budget that ran a deficit of nearly 1 trillion liras.